ONDO

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC−0.0240%/8h= −26.3% APRnext payment −$1.20 per $10,000 · paid last 24h −0.066%

Price spread now: Aster against BloFin−0.103%52s7-day average +0.025% · you buy dearer than you sell

Net, funding: paid 7d − costs−$78as in the Funding arb table

Net, price: spread back to 7d avg − costs—prices read too far apart to compare

costs, in and out, $10k−$380.377% of the position

Long on BloFin Short on Aster

What this pair did over the last

the charts below follow

Funding, last 7 days−0.400%−$40 on $10k

Price spread, last 4 days (all we have)+0.110%+$11 · spread now −0.103%, 7d avg +0.025%

Together, before fees−0.290%+ Points / potential airdropAster: Stage 5 · farm board−$29 on $10k · with fees, hour by hour

Both sides work against this trade now: funding costs −$7 a day on $10k at the current rate, and Aster is 0.128% cheaper against BloFin than usual: you would sell low and buy high (−$13 if the spread goes back to its 7-day average of +0.025%). Swap the legs. The two prices were read 52 seconds apart, so part of this spread may be the market moving, not a spread.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	BloFin ONDO-USDT	0.4340	0.0340	pay 0.0170% / 4h	1h 56m	$3.2M	$3.2M	75x
Short	Aster ONDOUSDT	0.4336	0.0100	get 0.0050% / 4h	1h 56m	$774K	$2.7M	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Aster against BloFin. Falling: the short leg gains. Rising: it loses.

latest

Price spreadloading…

Funding on every exchange

click an exchange to add or hide it

latest

How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Position, each leg$Hold fordaysFee BloFinbpFee AsterbpOrdersPrice spread, now −0.103%Rate

Funding earned: −$50.4
Price spread: −0.103% → +0.025%: −$12.81
Slippage, 4 orders: −$17.68
Fee BloFin: 6 bp × 2 orders: −$12
Fee Aster: 4 bp × 2 orders: −$8
Net: −$100.89
Costs to cover: 0.377%
Break-even: never at this rate

Slippage from BloFin: live order book, 2 min ago; Aster: live order book, 2 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again

Leg	Half-spread	$10k	$100k	$1M	$5M
Buy BloFin live order book, 2 min ago	1.15 bp	8.7 bp −$9	13.8 bp −$138	38.0 bp −$3,799	doesn't fit
Sell Aster live order book, 2 min ago	1.15 bp	10.6 bp −$11	28.7 bp −$287	doesn't fit	doesn't fit

ONDO on 39 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Kraken Futures PF_ONDOUSD	−0.0146%	1h	0.4328	−0.268%	$2.5M	$7.8M	50x	as long as short
dYdX ONDO-USD	0.0000%	1h	0.4331	−0.203%	$243K	$137K	5x	as long as short
gTrade (Gains Network) ONDO/USD	L +0.0003% / S −0.0011%	1h	0.4329	−0.243%	$7K	—	150x	as long as short
Injective ONDO/USDC PERP	+0.0033%	1h	0.4568	+5.253%	$888	$216K	5.5x	as long as short
Lighter ONDO	+0.0096%	1h	0.4336	−0.081%	$1.1M	$2.4M	10x	as long as short
Nado ONDO-PERP	+0.0100%	1h	0.4334	−0.144%	$346K	$894K	10x	as long as short
Aster ONDOUSDTshort	+0.0100%	4h	0.4336	−0.103%	$774K	$2.7M	20x
Binance ONDOUSDT	+0.0100%	4h	0.4332	−0.193%	$62.9M	$238.4M	75x	as long as short
Bybit ONDOUSDT	+0.0100%	4h	0.4329	−0.253%	$67.5M	$126.3M	50x	as long as short
OKX ONDO-USDT-SWAP	+0.0100%	4h	0.4331	−0.207%	$17.2M	$73.7M	50x	as long as short

Show all 39 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Ondo Perps ONDO-USD.P	+0.0100%	1h	0.4361	+0.475%	$71K	$83K	10x	as long as short
RISEx ONDO/USDC	+0.0100%	1h	0.4332	−0.189%	—	—	5x	as long as short
Gate ONDO_USDT	+0.0100%	4h	0.4331	−0.207%	$12.3M	$15.9M	50x	as long as short
MEXC ONDO_USDT	+0.0100%	4h	0.4330	−0.230%	$42.5M	$42.1M	200x	as long as short
KuCoin ONDOUSDTM	+0.0100%	4h	0.4332	−0.184%	$12.0M	$10.5M	50x	as long as short
Bitget ONDOUSDT	+0.0100%	4h	0.4332	−0.184%	$24.9M	$39.5M	50x	as long as short
BingX ONDO-USDT	+0.0100%	4h	0.4332	−0.184%	—	$23.7M	—	as long as short
Backpack ONDO_USDC_PERP	+0.0100%	1h	0.4337	−0.069%	$180K	$992K	15x	as long as short
Variational Omni ONDO	+0.0100%	4h	0.4348	+0.177%	$645K	$1.7M	—	as long as short
edgeX ONDOUSDC	+0.0100%	4h	0.4344	+0.095%	$4K	$314K	20x	as long as short
GRVT ONDO_USDT_Perp	+0.0100%	4h	0.4353	+0.291%	$408K	$1.4M	10x	as long as short
ApeX Omni ONDOUSDT	+0.0100%	1h	0.4350	+0.230%	$133K	$356K	50x	as long as short
Polymarket Perps ONDO-USD	+0.0100%	1h	0.4332	−0.187%	$60K	$1.4M	10x	as long as short
Orderly PERP_ONDO_USDC	+0.0100%	4h	0.4331	−0.207%	$23K	$6K	10x	as long as short
SunX ONDO-USDT	+0.0100%	4h	0.4331	−0.207%	—	$1.4M	20x	as long as short
SoDEX ONDO-USD	+0.0100%	1h	0.4329	−0.253%	$450	$13K	10x	as long as short
HTX ONDO-USDT	+0.0100%	4h	0.4341	+0.023%	$128K	$429K	50x	as long as short
Phemex ONDOUSDT	+0.0100%	4h	0.4330	−0.230%	$4.2M	$8.5M	50x	as long as short
Paradex ONDO-USD-PERP	+0.0100%	8h	0.4332	−0.182%	$6K	—	10x	as long as short
Extended ONDO-USD	+0.0104%	1h	0.4330	−0.233%	$393K	$796K	25x	as long as short
Aevo ONDO-PERP	+0.0104%	1h	0.4333	−0.173%	$38K	$13K	3x	as long as short
Deribit ONDO_USDC-PERPETUAL	+0.0212%	1h	0.4331	−0.207%	$18K	$362K	25x	as long as short
01 Exchange ONDOUSD	+0.0240%	1h	0.4333	−0.154%	$357	$2K	10x	as long as short
Coinbase International ONDO-PERP-INTX	+0.0264%	1h	0.4333	−0.161%	$215K	$725K	50x	as long as short
Phoenix ONDO	+0.0332%	1h	0.4346	+0.134%	$35K	$223K	10x	as long as short
BloFin ONDO-USDTlong	+0.0340%	4h	0.4340	long leg	$3.2M	$3.2M	75x
Hyperliquid ONDO	+0.0494%	1h	0.4335	−0.124%	$36.6M	$27.2M	10x	as long as short
GMX ONDO/USD [ETH-USDC]	L +0.0561% / S −0.0197%	1h	0.4329	−0.251%	$487K	—	100x	as long as short
Reya ONDORUSDPERP	+0.1157%	1h	0.4331	−0.202%	$2K	—	20x	as long as short